BrainJuicer ‘on track’ to meet H1 profit expectations

UK— BrainJuicer has released a trading update for the first half of the year before it reports in September on its interim results for the period. It shows “encouraging” signs for revenue growth despite the eurozone crisis.

The firm said that overall revenue for the first half of the year was up 13% on last year with “encouraging” growth seen in the US, Switzerland, China and Brazil. Revenue declined in Germany and the Netherlands while the UK was “broadly flat”.

Brainjuicer added that revenue from its Juicy range of products accounted for 66% of total revenue, which was up from 53% in the first half of 2011.

The company, led by John Kearon (pictured), said it is “on track” to meet market profit expectations for the year.